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spending bill that would fund the government through september. that would avoid a partial federal shut down, as well as soften the blow for spending cuts. the senate measure now heads to the house. >>> the federal reserve is standing by its plan to keep short-term interest rates at record lows. the fed issues a statement side saying the economy has strengthened but still needs support toey lower unemployment. it plans to keep interest rates low until unemployment falls to 6.5%. the rate is now at a now year low at 7.7%. >> this will also help push for stocks. nasdaq rose. >>> shopping made easier, the new program, major big box retails preparing to offer in the south bay. >>> in heyward, the downtown hoop is getting some action. the project wrapped up, converted several major two way streets to one way streets. the cities it's received e-mails both praising and criticizing it. the drivers aren't n place aren't enough, some drivers say. the cities it's working on it. >> the concern is having valid with the changes that have been made not having the signs up to make it a little bit more
to the marketplace. >>> one reason they are attractive these days compared to government bonds and pass book saving accounts that pay nothing if you are willing to take a little bit of a risk in the stock market you really can make some money. >> we could have up to 33ipos raising about $8.5 billion in revenues, that is positive for the market. >> the only worry that investors drove marins prices artificially high like facebook. that is lingering below the initial offering price. back to you. >>> it looks like tkpwaog sell is hopping on the smart watchband wagon. the company is exploring making a watch with android technology that would connect with its smart phone. google has made a splash with the internet connected glasses thank you see there. they are already in the works. apskpel samsung are working on watches. no word when the google watch could hit the market. >>> the camp susabout to get more crowd -- campus is about to get more crowded. they posed with their shovels. the mission hall global health science building will house faculty. the staff building is set to be completed next year. the
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